HomeBusiness & MoneyLi Auto, XPeng, and NIO Stocks Soar. EV Deliveries Aren't Why.

Li Auto, XPeng, and NIO Stocks Soar. EV Deliveries Aren’t Why.


Chinese electric-vehicle stocks were rallying Wednesday, buoyed by optimism that the economic impacts of Covid-19 lockdowns in China have begun to fade.

The economic news was enough to overcome weak combined deliveries results from EV makers


Li Auto


and


XPeng


as well as


NIO



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